Formation Bio Taps Biogen and Pfizer Alum to Apply AI to the Boring Middle
Formation Bio acquires or licenses clinical-stage assets and uses proprietary AI tools to advance them through drug development, targeting the “boring middle” where programs often get bottlenecked. Michael Ehlers, a former Pfizer and Biogen executive, took the chief scientific officer and R&D head role in July and cites lessons from Biogen and Eisai halting two Phase 3 studies of Aduhelm.